CoinWorld News: The Solana Foundation has launched an on-chain governance proposal that allows validators to address major network issues through weighted voting. The system provides validators with a formal pathway to submit, support, and decide on governance matters that may affect the future direction of the Solana protocol. Proposals require at least 15% of active staked support to enter voting, and approved proposals must receive at least 66.67% "yes" votes. The governance mechanism introduced this time aims to provide validators with a clearer way to request decisions on the network's direction, while Solana is also testing large-scale infrastructure changes.

SOL8.00%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 1
  • Share
Comment
Add a comment
Add a comment
SlippageSiren
· 6h ago
66.67% passage threshold is a bit stricter than the traditional 2/3. Major changes indeed require caution. Curious what proposals will be run during the testing phase.
View OriginalReply0
DustyLedgerKid
· 6h ago
The 15% threshold is set quite high to prevent spam proposals from flooding in, but could it dilute the voice of small nodes?
View OriginalReply0
  • Pinned